Tech IndustryOct 18, 2022
Amazonalpha93_

How the mighty have fallen

What I do not understand is how a British regulatory agency can stop a US on US merger from happening šŸ˜‚šŸ¤£ guess it's just not meta's week/month/year https://www.linkedin.com/news/story/meta-told-to-sell-giphy-by-regulator-6041090 #meta #merger #faang

Meta told to sell Giphy by regulator | LinkedIn
Meta told to sell Giphy by regulator | LinkedIn
LinkedIn News
Meta TIkN61 Oct 18, 2022

Hopefully they do the same for tenor, else I hope this would be grounds to countersue

Meta pwoalswi Oct 18, 2022

tenor has already been acquired a long time ago by google. not the same

Meta pwoalswi Oct 18, 2022

if you do business in europe, they can do this. See google and fitbit, microsoft and blizzard.

Amazon guyxbch Oct 18, 2022

Yup, and itā€™s absurd that the US is so dumb that it doesnā€™t 1:1 retaliate when EU/UK pull these stunts. e.g. order AstraZeneca to split into two companies or exit the US market entirely.

State Farm rndmusr Oct 18, 2022

We can do other things, like undercut their companies' ability to compete in the US as long as they're doing stuff like that (such as subsidizing EVs made in US with materials from here)

Washington Post JeffšŸ˜Bezos Oct 18, 2022

If this impacts my slash commands in slack I swear to godā€¦